New & Renewable Energy

Installed solar capacity was 168.04 GW as on 31 August 2026: 123.99 GW ground-mounted, 32.59 GW grid-connected rooftop, 4.83 GW in hybrid projects and 6.63 GW off-grid. In FY 2025-26 the Ministry reported a record 44.61 GW of solar additions.

PM Surya Ghar: Muft Bijli Yojana, launched in February 2024 with an outlay of ₹75,021 crore, aims to put rooftop solar on one crore households. On 4 August 2026 the Ministry reported over 50.06 lakh households benefiting and ₹28,024 crore of subsidy released through direct benefit transfer. Under PM-KUSUM, farmers install solar pumps and solarise existing ones. In September 2026 he stated that about 29 lakh pumps had been solarised and that the next phase would include an agrivoltaics component.

Installed wind capacity was 58.52 GW as on 31 August 2026. On Global Wind Day 2026 in Goa the Ministry stated targets of 100 GW of wind by 2030 and 156 GW by 2036, and launched WT-MARUT, a portal for the wind-turbine supply chain.

On 19 June 2024 the Union Cabinet approved viability gap funding of ₹7,453 crore for offshore wind. The amount includes ₹6,853 crore for 1 GW of projects off Gujarat and Tamil Nadu and ₹600 crore for upgrading two ports. In June 2025 he stated that 4 GW of offshore leasing areas had been identified.

On 10 June 2026 he released a report by the National Institute of Solar Energy (NISE) assessing over 102 GWp of floating solar potential on India’s water bodies, which takes the total assessed solar potential to 3,445 GWp. On 31 July 2026 the Union Cabinet approved the Pradhan Mantri Surya Sarovar Yojana: ₹5,070 crore for 5,000 MW of floating solar, each project paired with at least two hours of storage, with sanctions from FY 2026-27 to FY 2030-31. Existing floating solar capacity was put at about 700 MW.

Small hydro covers projects of up to 25 MW, and installed capacity was 5.18 GW on 31 August 2026. The Cabinet approved the Small Hydro Power Development Scheme for FY 2026-27 to FY 2030-31, with an outlay of ₹2,584.60 crore for about 1,500 MW. It covers projects of 1–25 MW and focuses on hilly and North Eastern States. He launched the scheme’s online portal on 10 June 2026; PIB described the scheme as the first major policy intervention in the sector since 2017.

The National Green Hydrogen Mission has an outlay of ₹19,744 crore to 2029-30 and aims for at least 5 million tonnes a year of green hydrogen production by 2030. Under its SIGHT programme, incentives have been awarded for 8,62,000 tonnes a year of green hydrogen production and 3,000 MW a year of electrolyser manufacturing. He launched the Green Hydrogen Certification Portal on 17 June 2026.

The Ministry reported that domestic solar module manufacturing capacity grew from 2.3 GW in 2014 to 192 GW by June 2026, and cell capacity from 1.2 GW to 30 GW. In August 2026 enlisted module capacity under the Approved List of Models and Manufacturers (ALMM) crossed 200 GW. ALMM List-II for solar cells applies to projects commissioned from 1 June 2026; net-metering and open-access projects have until 31 December 2026. The PLI scheme for high-efficiency modules has an outlay of ₹24,000 crore, and wind-turbine manufacturing capacity was about 24 GW in March 2026.

India’s target, announced at COP26, is 500 GW of non-fossil capacity by 2030. The Ministry reported that non-fossil sources reached 50 per cent of installed capacity in June 2025, five years ahead of the 2030 NDC target, and crossed 300 GW on 31 July 2026. The Central Electricity Authority recorded 304.33 GW of non-fossil capacity (54.88 per cent) as on 31 August 2026. Per IRENA’s 2026 statistics, as cited by the Ministry, India ranks third in the world in total installed renewable capacity. FY 2025-26 saw a record 55.29 GW of non-fossil additions.

Storage is central to integrating variable solar and wind power. Viability gap funding for battery energy storage is a Ministry of Power scheme, and he has spoken about its expansion. He opened a 5 GWh battery manufacturing plant at Bidadi, Karnataka, in June 2025. In March 2025 he flagged off India’s first trials of hydrogen-powered trucks.

The fourth Global Renewable Energy Investors’ Meet and Expo (RE-INVEST 2024), held at Gandhinagar on 16–18 September 2024, recorded commitments worth ₹32.45 lakh crore. States committed 540 GW by 2030, developers 570 GW, and manufacturers 340 GW of modules and 240 GW of cells. At the World Economic Forum in Davos in January 2026, he cited a financing requirement of about USD 300–350 billion to reach 500 GW.

NISE has published national resource assessments: 3,343 GW of feasible ground-mounted solar potential (September 2025) and over 102 GWp of floating solar potential (June 2026). Under the Green Hydrogen Mission, the Ministry announced a ₹100 crore call for proposals for start-ups in September 2025 and a ₹100 crore call for biomass-based hydrogen pilots in November 2025. The 7th Agrivoltaics World Conference is scheduled for 21–23 October 2026.

Renewable power needs transmission from resource-rich areas to demand centres. The Ministry reported that seven States have completed Phase I of the Green Energy Corridor, that about ₹787 crore was released in 2025-26, and that about 345 GW of renewable energy zones have been declared beyond the 500 GW transmission plan. The next phase is being planned.